EVOLUTIONWAVE

Active

Private limited companyfounded 200818 yrs activeTheofiel Van Cauwenberghslei 2, 2900 Schoten, BelgiumKBO/BCE: BE 0898.177.042

Summary

The computed 12-month bankruptcy probability of EVOLUTIONWAVE is 1.8% (moderate). The 2024 annual accounts show negative equity (-€11,308) and a net result of €45,278. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 18932 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

EVOLUTIONWAVEActiveChecked score 55/100

Risk analysis Report Compare

What they do

Cafés and bars

NACE 56301

1 site

How big

€657,884total assets 2024

Staff: 3 FTE
Equity: -€11,308
Profit: €45,278

Turnover not published (abridged schema)

Financially healthy?

55 Fair Checked score 2024

Bankruptcy chance 12 m: 1.8%

Who decides

Accounts 63 d overdue0 of 3 deeds read

Why 55- Higher-failure-rate sector- Annual accounts: weaker financial profile+ Long track recordLatest accounts filed on timeShow the evidence

Checked score

Score 2024

55 / 100

Fair

Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability67▲+36

Solvency23▲+7

Growth58▲+26

Track record100

Bankruptcy probability, 12 months

1.8% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.6 against 0.25 in 2023; short-term debt: 21.2% and cash: 7.8% of total assets), and equity is negative.

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Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Food and beverage service activities (NACE 56)

about 206% more bankruptcies

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

-1.7%

Return on assets

6.9%

Age of the figures

21 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-06-2025, 39 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

39 d early

2023

67 d early

2022

24 d late

2021

25 d late

2020

23 d late

2019

10 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

22-06-25 Annual accounts filedfiscal year 2024 · micro…
31-12-24 Back to profitnet €45,278
25-05-24 Annual accounts filedfiscal year 2023 · micro…

Key points

Risk: Negative equityfiscal year 2024: debts exceed assets -€11,308 View
Positive: Back in profit in 2024after -€16,355 in 2023 €45,278 View
Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
Positive: Among the best 13% on net resultsector median €5,297 · 18,911 companies €45,278 View